Bitcoin is ready for $40k - page 3. | Bitcointalksearch.org

armanda90

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Quote from: tygeade on July 16, 2023, 10:34:53 AM

I believe it can reach a lot more, I think 40k is actually quite good level. I know a lot of people think that's going to be way too much, because it's about 33% increase from where we are, but bitcoin could increase that much easily.

Look at it being higher already, there are things that happen in life and suddenly bitcoin becomes a lot higher and it would definitely be a good thing. I am not saying that it should be any different to go up, if it just keeps this up then we are going to end up with a good return one way or another and I believe that could be a good thing. Just keep it going like this, it's green, and keep it happy and increasing like this, no bad news, no legal issues, and we are going to be 40k by the end of the year I believe.

Actually, Bitcoin have been reached up more than 50% since last several months dropped drastically under $15,000 and current price Bitcoin today have been success up to $30k. Possibility for Bitcoin reach to $40k depend how current drop price but without needed long term for bitcoin back to higher price again, exactly with one year left halving give moment or chance for bitcoin back to higher price and potential make new all time high price.

Its not difficult reach to $40k or bitcoin need 30% to up, but slowly for bitcoin can reach to this price and last several days Bitcoin ever close with $32k although can't stable yet before going drop to $30k.

Rabata

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Quote from: yohananaomi on July 15, 2023, 07:23:15 AM

Quote from: rojan on July 14, 2023, 10:38:20 AM

Quote from: yohananaomi on July 13, 2023, 11:07:45 PM

Quote from: Kadal Ijo on July 13, 2023, 10:15:47 AM

I believe the price of $ 40k will be reached soon, just like when the price is below $ 20k I was very optimistic that before April the price would reach $ 30k so I bought bitcoin even for a small amount, and I think the price of $ 40k will be before September.

it is very possible that what you say can happen but there will always be corrections that might also occur because it has not been seen that the direction of improvement will indeed fully occur. but I firmly believe that before the end of the year there will be upward movement to prepare for the era of the halving that will occur in 2024.

Bitcoin price is increasing day by day I hope Bitcoin may reach 35k$ by the end of this year. There will be many happy moments for those who have invested in Bitcoin. I hope all coins including Bitcoin will reach great position in 2024. We all know that our money is safe if we invest in Bitcoin. That's why we always prefer to invest in Bitcoin.

I think everyone agrees with you that there is high confidence that investing in bitcoin will ensure that the funds we put there are safe because it only takes patience to invest in bitcoin and not be easily influenced or tempted to sell quickly in difficult situations before the increase after the era of the halving period has passed. 2024 is the era of the halving period where there will usually be a movement towards improvement in bitcoin which is sure to be followed by potential altcoins. hopefully before the era of the halving period or at the end of this year the price of bitcoin has started to improve a little and $ 35K-$ 50K is a price worth accepting.

Of course, if investing in any other currency other than Bitcoin I think it would be riskier. There is no downside to investing in Bitcoin both in terms of reliability ‍and Credibility. Because of winning XRP case in court, the market got a good investment but it could not last long because it was an altcoin effect. However, the enthusiasm seen among investors around the halving will soon increase the price of Bitcoin. Temporarily the Bitcoin market is somewhat stable, but it has the potential to turn bullish and cross 40k soon.

tygeade

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Quote from: rojan on July 14, 2023, 10:38:20 AM

Quote from: yohananaomi on July 13, 2023, 11:07:45 PM

Quote from: Kadal Ijo on July 13, 2023, 10:15:47 AM

I believe the price of $ 40k will be reached soon, just like when the price is below $ 20k I was very optimistic that before April the price would reach $ 30k so I bought bitcoin even for a small amount, and I think the price of $ 40k will be before September.

it is very possible that what you say can happen but there will always be corrections that might also occur because it has not been seen that the direction of improvement will indeed fully occur. but I firmly believe that before the end of the year there will be upward movement to prepare for the era of the halving that will occur in 2024.

Bitcoin price is increasing day by day I hope Bitcoin may reach 35k$ by the end of this year. There will be many happy moments for those who have invested in Bitcoin. I hope all coins including Bitcoin will reach great position in 2024. We all know that our money is safe if we invest in Bitcoin. That's why we always prefer to invest in Bitcoin.

I believe it can reach a lot more, I think 40k is actually quite good level. I know a lot of people think that's going to be way too much, because it's about 33% increase from where we are, but bitcoin could increase that much easily.

Look at it being higher already, there are things that happen in life and suddenly bitcoin becomes a lot higher and it would definitely be a good thing. I am not saying that it should be any different to go up, if it just keeps this up then we are going to end up with a good return one way or another and I believe that could be a good thing. Just keep it going like this, it's green, and keep it happy and increasing like this, no bad news, no legal issues, and we are going to be 40k by the end of the year I believe.

bots1

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I see it looks unlikely that the bitcoin price will reach $40k anytime soon. Moreover, it's been almost a month since the bitcoin price is still in the range of $31k-$30k. Therefore, I think the potential for bitcoin price to reach $40k will at least happen in Q4 or later this year before the bullrun period starts.

yohananaomi

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Quote from: rojan on July 14, 2023, 10:38:20 AM

Quote from: yohananaomi on July 13, 2023, 11:07:45 PM

Quote from: Kadal Ijo on July 13, 2023, 10:15:47 AM

I believe the price of $ 40k will be reached soon, just like when the price is below $ 20k I was very optimistic that before April the price would reach $ 30k so I bought bitcoin even for a small amount, and I think the price of $ 40k will be before September.

it is very possible that what you say can happen but there will always be corrections that might also occur because it has not been seen that the direction of improvement will indeed fully occur. but I firmly believe that before the end of the year there will be upward movement to prepare for the era of the halving that will occur in 2024.

Bitcoin price is increasing day by day I hope Bitcoin may reach 35k$ by the end of this year. There will be many happy moments for those who have invested in Bitcoin. I hope all coins including Bitcoin will reach great position in 2024. We all know that our money is safe if we invest in Bitcoin. That's why we always prefer to invest in Bitcoin.

I think everyone agrees with you that there is high confidence that investing in bitcoin will ensure that the funds we put there are safe because it only takes patience to invest in bitcoin and not be easily influenced or tempted to sell quickly in difficult situations before the increase after the era of the halving period has passed. 2024 is the era of the halving period where there will usually be a movement towards improvement in bitcoin which is sure to be followed by potential altcoins. hopefully before the era of the halving period or at the end of this year the price of bitcoin has started to improve a little and $ 35K-$ 50K is a price worth accepting.

gunhell16

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Quote from: TravelMug on July 14, 2023, 10:16:04 PM

Oh just in the last 24 hours though, market went back to $30k'ish. I thought that we are going to maintain $31k but it seems that it's the biggest barrier or it is the price that sellers are ready to let go of their stash. But I think it's more on the speculators, short term traders that did the selling.

But in any case, still great opportunity again to buy and accumulate.

No need to complicate things for us, $40k will be breach no doubt about that, it's that we should wait a little bit further. Everything will happen with a reasons so just keep on buying BTC.

The barriers at 31k$ must first be broken to rise to 32k$ because until 31k$ is not broken, there is a big chance that the resistance value of Bitcoin will still fall in the market or it is possible even with the happening news in cryptocurrency.

But so far, what's happening in crypto news is quite good now because the inflation rate has actually gone down. But once the value of the U.S. dollar drops, it is for sure that there will be a real rally in Bitcoin and it will favor our crypto community or Bitcoin enthusiasts as well.

Halime Anatolia

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Quote from: TravelMug on July 14, 2023, 10:16:04 PM

Oh just in the last 24 hours though, market went back to $30k'ish. I thought that we are going to maintain $31k but it seems that it's the biggest barrier or it is the price that sellers are ready to let go of their stash. But I think it's more on the speculators, short term traders that did the selling.

But in any case, still great opportunity again to buy and accumulate.

No need to complicate things for us, $40k will be breach no doubt about that, it's that we should wait a little bit further. Everything will happen with a reasons so just keep on buying BTC.

Today is also a holiday, so there is a possibility of selling, but only a few and it's true, as you said, the market is again giving a small discount from Friday to Monday usually. yes. while accumulating again for those who have more funds to be able to increase the current amount of BTC holdings. Now BTC is starting to correct and today's low is $29,900, if it breaks it will fall again to $28,261. Yes, It will take another time to 40K.

TravelMug

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Oh just in the last 24 hours though, market went back to $30k'ish. I thought that we are going to maintain $31k but it seems that it's the biggest barrier or it is the price that sellers are ready to let go of their stash. But I think it's more on the speculators, short term traders that did the selling.

But in any case, still great opportunity again to buy and accumulate.

No need to complicate things for us, $40k will be breach no doubt about that, it's that we should wait a little bit further. Everything will happen with a reasons so just keep on buying BTC.

wmaurik

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Quote from: Kadal Ijo on July 13, 2023, 10:15:47 AM

I believe the price of $ 40k will be reached soon, just like when the price is below $ 20k I was very optimistic that before April the price would reach $ 30k so I bought bitcoin even for a small amount, and I think the price of $ 40k will be before September.

Hopefully that can happen before september as $40K is not a very far-reaching milestone for Bitcoin, although it may not look like it will be any easier in the near term considering the corrections that are still holding Bitcoin back. At the end of the year it is still very possible for prices to increase if there is no more panic in August and September.

Quote from: yohananaomi on July 13, 2023, 11:07:45 PM

it is very possible that what you say can happen but there will always be corrections that might also occur because it has not been seen that the direction of improvement will indeed fully occur. but I firmly believe that before the end of the year there will be upward movement to prepare for the era of the halving that will occur in 2024.

I'm also looking more towards the end of the year than September which is too close, given that there will be a very good moment. So it is likely that a larger increase in price could occur at the end of the year than in the near future, although small increases can also occur in any month for Bitcoin.

jostorres

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Quote from: tygeade on July 11, 2023, 12:50:31 AM

As long as there is halvings to have, there will be hopes for bull run as well. I know that we are getting closer to a point where halvings will not matter because we are not mining all that much coins anyway and we already have almost all the coins mined and only just a few million left which would be distributed into like next 100 years, so its not going to be much ,we are going to see less than a bitcoin per day eventually if this keeps up.

So it is not going to be ALWAYS like this, but for another halving we are going to be like this, we are going to end up with a great return and should be considering it to be better. I think its important to be a bit more fixated on how we could get better and that's what we are doing now.

The biggest reason why halvings bring great effects on the market is that people believe prices will move up after the halving so they start buying right before halving which starts the movement because there is a lot of buying pressure during that period, and when the prices start moving up, more and more people start jumping in to benefit from the uptrend and that further pushes the prices up since volumes keep increasing over time.

That continues until we hit new all-time highs for different or almost every single cryptocurrency and people start selling since they see the prices are almost at the peak, and that is where the market starts declining again and when people see that happening, everyone start selling that causes further declines.

rachael9385

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BTC 40k this will might be possible but since this week is almost to an end I am having a little doith about that but as long as time flys and days passes the price of Bitcoin will Punch $40k and above. Although we aren't that specific enough to predict the amount Bitcoin will hit by the end of the month or year but on my own side BTC will grow to $36k this month.

dragonvslinux

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Quote from: ImThour on July 14, 2023, 10:14:59 AM

Good Afternoon Folks and those who are following this thread of mine.
Here is a quick update on the charts and towards the journey of Bitcoin to $40k.

RSI looks super solid and ready to fly, Let me know what you think about this chart Wink

Tagging my usual's: hugeblack, philipma1957, peter0425, dragonvslinux.

I still think $40K level remains quite straight forward if price can break above current resistance level above $32K. While the main capitulation events occurred from $30K down to $17.5K, then again from around $20K and $15.5K, the first wave of capitulation was actually from around $40K to $25K that was more of a less as severe. The relevance of this is that there is a distinct trading gap between $32K and $40K, because of how quickly price collapsed from $40K last year. So it'd be similar to the way that price moved quickly from $17K to $19K or $25K to $30K, because at the time those were also big volume gaps.

Overall with 3 weeks worth of consolidation at the top of the local utprend at resistance, the bulls are only getting stronger, even if there's more consolidation to come. There is seemingly always the fear or uncertainty that there will be a considerable correction however, because the market is continuing to break it's bear market structure, but currently the structure of the uptrend doesn't support this yet.

Here is another chart for you for a better perspective. Does consolidating at yearly lows look bullish here, with no reaction back to the upside? I don't think so!

(This is the Bitcoin chart upside down if not obvious)

ShowOff

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Quote from: yohananaomi on July 13, 2023, 11:07:45 PM

Quote from: Kadal Ijo on July 13, 2023, 10:15:47 AM

-snip-

it is very possible that what you say can happen but there will always be corrections that might also occur because it has not been seen that the direction of improvement will indeed fully occur. but I firmly believe that before the end of the year there will be upward movement to prepare for the era of the halving that will occur in 2024.

I don't have much doubt about the huge upside potential in bitcoin ahead of the halving. Of course we can't avoid a correction completely as it is part of the process, but you can expect the price to go higher given the growing demand for the coin. If the market starts to get more good news, then $40k is not a barrier for bitcoin. We've seen higher prices in recent years, so right now all you have to do is be patient for the recovery.

I can expect the bitcoin price to exceed $40k ahead of the halving, it being very likely that in July the bitcoin price can break $35k. So let's see how high the bitcoin price will be this year, but always make sure you never miss the train.

rojan

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Quote from: yohananaomi on July 13, 2023, 11:07:45 PM

Quote from: Kadal Ijo on July 13, 2023, 10:15:47 AM

I believe the price of $ 40k will be reached soon, just like when the price is below $ 20k I was very optimistic that before April the price would reach $ 30k so I bought bitcoin even for a small amount, and I think the price of $ 40k will be before September.

it is very possible that what you say can happen but there will always be corrections that might also occur because it has not been seen that the direction of improvement will indeed fully occur. but I firmly believe that before the end of the year there will be upward movement to prepare for the era of the halving that will occur in 2024.

Bitcoin price is increasing day by day I hope Bitcoin may reach 35k$ by the end of this year. There will be many happy moments for those who have invested in Bitcoin. I hope all coins including Bitcoin will reach great position in 2024. We all know that our money is safe if we invest in Bitcoin. That's why we always prefer to invest in Bitcoin.

ImThour

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Bitcoin Bottom was at $15.4k

Good Afternoon Folks and those who are following this thread of mine.
Here is a quick update on the charts and towards the journey of Bitcoin to $40k.

RSI looks super solid and ready to fly, Let me know what you think about this chart Wink

Tagging my usual's: hugeblack, philipma1957, peter0425, dragonvslinux.

Doan9269

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Quote from: Kadal Ijo on July 13, 2023, 10:15:47 AM

I believe the price of $ 40k will be reached soon, just like when the price is below $ 20k I was very optimistic that before April the price would reach $ 30k so I bought bitcoin even for a small amount, and I think the price of $ 40k will be before September.

If we are to look into the event of what happened yesterday on the bitcoin market price, it has the opportunity to getting far as around $31,700 which is pretty good and gives more attention on the current speculation that bitcoin is preparing for more high this period anytime from now and it may hit close to $40,000 soon, another reason for more gigh is the coming halving next year to mark the occasion of receiving half of the block reward on previous one, things will surely go different during this period because the market will be very volatile and profitable then, $40,000 is what we can achieved between now and next month while before the end of the year attained $50,000 and above.

Marvell1

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Quote from: Franctoshi on July 13, 2023, 05:32:42 PM

Quote from: Marvell1 on July 13, 2023, 08:58:44 AM

I agree with you, the $40k target for this year is a big deal for Bitcoin. We bounced from $17k to $30k in March, but since then, we haven't had any more positives, so it's hard to expect $40k. I also thought Bitcoin could recover and hit $45,000-50,000 this year before another dumping, but 1/2 year has passed, and I'm starting to think more negative things. I predict this short-term bull run, bitcoin could rally to 33k-35k and then bitcoin will correct more than continue to rally. We will only be able to see more positive signals after the halving happens.

Do you mean hard to expect at $40k this year? Or the end of the month? Bitcoin to 40k to isn't a big deal at all, why Bitcoin has not gotten a quick run up since we hit the $30 level is, if you check Bitcoin is faced with strong resistance at $30k which happens to be the support of the previous ATH before the break to the downside, So the zone need to gather a lot of to be able to clear that zone to have a drastic run to the upside.

I'm talking about this year's predictions and think $40k will be a challenging target for bitcoin. As I said, bitcoin went from $17k to $30k, and it's trading above $31k now, but that doesn't mean it's going to hit $40k easily without encountering any obstacles. There is no proof that when bitcoin crosses $30k, it will quickly hit $40k.

It's all just my speculation, and we won't be able to say who's right and who's wrong. So let time answer them all as neither of us has any proof for our claims.

yohananaomi

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Quote from: Kadal Ijo on July 13, 2023, 10:15:47 AM

I believe the price of $ 40k will be reached soon, just like when the price is below $ 20k I was very optimistic that before April the price would reach $ 30k so I bought bitcoin even for a small amount, and I think the price of $ 40k will be before September.

it is very possible that what you say can happen but there will always be corrections that might also occur because it has not been seen that the direction of improvement will indeed fully occur. but I firmly believe that before the end of the year there will be upward movement to prepare for the era of the halving that will occur in 2024.

Franctoshi

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Quote from: Marvell1 on July 13, 2023, 08:58:44 AM

I agree with you, the $40k target for this year is a big deal for Bitcoin. We bounced from $17k to $30k in March, but since then, we haven't had any more positives, so it's hard to expect $40k. I also thought Bitcoin could recover and hit $45,000-50,000 this year before another dumping, but 1/2 year has passed, and I'm starting to think more negative things. I predict this short-term bull run, bitcoin could rally to 33k-35k and then bitcoin will correct more than continue to rally. We will only be able to see more positive signals after the halving happens.

Do you mean hard to expect at $40k this year? Or the end of the month? Bitcoin to 40k to isn't a big deal at all, why Bitcoin has not gotten a quick run up since we hit the $30 level is, if you check Bitcoin is faced with strong resistance at $30k which happens to be the support of the previous ATH before the break to the downside, So the zone need to gather a lot of to be able to clear that zone to have a drastic run to the upside.

Kemarit

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Quote from: Kadal Ijo on July 13, 2023, 10:15:47 AM

I believe the price of $ 40k will be reached soon, just like when the price is below $ 20k I was very optimistic that before April the price would reach $ 30k so I bought bitcoin even for a small amount, and I think the price of $ 40k will be before September.

Good for you if you have bought it when the price is below $20,000 and then continue to accumulate as the price slowly increases since January. And then we April, it went sideways, for at least 2 months before we have a break out run this July.

So even if we see that the price is trading sideways again after a burst to $31,000, still this is a perfect time to continue to accumulate and then see how it goes in the future. As for $40,000, it's just a thousands of dollars separating the current price to that so it's achievable. Just a matter of time that we will hit that barrier again.

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